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by scoopdewoop 2244 days ago
dividends are what people historically bought stocks for, not speculation. If you want your stocks to pay dividends, earnings per share is a much more useful metric.
1 comments

I bought $10K of STOCK. I hope for 5% dividend. I have no idea how many shares that is, and I don't care.
Then you want Earnings per Price. i.e. How much Earnings for STOCK*STOCK_PRICE.

(Earning / Price) is not a typical metric, (Price / Earnings) (i.e. PE Ratio) is the more typical metric. These metrics are meant for casual/institutional investors not lay people[1].

Meanwhile, if you still want (Earning / Price), you can do (1 / PE Ratio).

[1] If you aren't able to find the number of STOCK units you own or will purchase, then you are not a casual/institutional investor.